About the Company
Yellow Corporation was an American transportation holding company headquartered in Nashville, Tennessee. Its subsidiaries included national less than truckload (LTL) carrier YRC Freight; regional LTL carriers New Penn, Holland, and Reddaway; and freight brokerage HNRY Logistics. From 2006 to February 2021, Yellow was known as YRC Worldwide.At 12:00 pm on Sunday, July 30, 2023, the company ceased operations due to financial problems. On August 6, 2023, it filed for Chapter 11 bankruptcy protection. It owes $730 million to the federal government, which owns 30% of the corporation, as a result of the $700 million pandemic loan Yellow received in 2020. It had 30,000 employees, 22,000 of whom were members of the International Brotherhood of Teamsters. The financial problems existed since 2000, when the company started taking on large debt loads while acquiring competitors but failed to achieve efficiencies of integrating the separate companies into one network, with the company stating that their union contracts were one factor blocking this integration. The company has only had three profitable quarters since 2009. An auction for the Yellow properties took place in November 2023.
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $YRCW News
Yellow Corporation Sells Assets Amidst Restructuring Efforts
Yellow Corporation (YELLQ) has released an update to notify the public and investors about its asset transaction finalization ...
A Tangled Tale of Bankruptcy, Biden, And the Teamsters
That plan is now looking to get recovery from Yellow Corporation's bankruptcy. In an election year, everything can have political implications. At this point, President Biden has won the ...
WARN Act Claims Against Yellow May Not be Settled This Year
Claims that defunct less-than-truckload carrier Yellow Corp. (OTC: YELLQ) failed to provide appropriate notification to employees ahead of mass layoffs last summer may not be resolved until later this ...
TEAMSTERS WIN AGAINST YELLOW CORP. IN COURT, JUDGE SHOOTS DOWN COMPANY'S FRIVOLOUS LAWSUIT
Robinson. The lawsuit, Yellow Corporation et al., v. International Brotherhood of Teamsters et al., was a blatant attempt by Yellow Corp. to undermine the rights of workers and discredit the ...
Yellow Corporation (YELLQ)
Overall score is calculated based on proprietary scores based on sector averages in key company indicators: fair value, dividends, innovation, hiring, and insider sentiment. Note: if you don't see ...
Yellow Corporation (YELL) Stock Moves -0.74%: What You Should Know
Yellow Corporation (YELL) closed at $5.33 in the latest trading session, marking a -0.74% move from the prior day. This change was narrower than the S&P 500's daily loss of 1.13%. At the same time ...
Luzon, Visayas grids on red alert on Wednesday; Mindanao grid on yellow
Luzon, Visayas and Mindanao grids will be placed on red and yellow alert status on Wednesday, according to the National Grid ...
Railroad Corporation: Yellow Fever
All the Latest Game Footage and Images from Railroad Corporation: Yellow Fever Complete a unique challenge based on an historic scenario - The yellow fever outbreak of 1853. Advertisement All the ...
Luzon grid under red, yellow alert until Tuesday night
The Luzon grid has been placed under red and yellow alert until Tuesday night, said the National Grid Corporation of the ...
Yellow Veil Pictures Secures World Sales for ‘She Loved Blossoms More’ Ahead of Tribeca Festival Premiere (EXCLUSIVE)
She Loved Blossoms More’ is a family drama in science fiction disguise,” Veslemes said. “A ballad for the defeated, a comedy ...
TEAMSTERS WIN AGAINST YELLOW CORP. IN COURT, JUDGE SHOOTS DOWN COMPANY'S FRIVOLOUS LAWSUIT
The International Brotherhood of Teamsters won a major victory against Yellow Corporation yesterday with the dismissal of the ...
NGCP issues yellow, red alerts for Visayas grid; Luzon, Mindanao grids in yellow alert
The National Grid Corporation of the Philippines placed the Luzon and Visayas grids in yellow and red alerts while the ...
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